SCHMIDT OSCAR 4
4 · METLIFE INC · Filed Feb 27, 2020
Insider Transaction Report
Form 4
METLIFE INCMET
SCHMIDT OSCAR
President, Latin America
Transactions
- Disposition to Issuer
Common Stock
2020-02-25$47.58/sh−9,755$464,143→ 0 total - Award
Employee Stock Options (right to buy)
2020-02-25+18,916→ 18,916 totalExercise: $47.58Exp: 2030-02-24→ Common Stock (18,916 underlying) - Award
Restricted Stock Units
2020-02-25+6,306→ 6,306 total→ Common Stock (6,306 underlying) - Award
Common Stock
2020-02-25+9,755→ 9,755 total
Footnotes (4)
- [F1]Cash payout of 2017-2019 performance units, following determination of the performance factor for such award. Each performance unit is settled in cash equal to the closing price of one share of MetLife, Inc. common stock on the payout date.
- [F2]The options become exercisable in substantially equal installments on each of the first three anniversaries of the grant date.
- [F3]Each restricted stock unit is the contingent right to receive one share of MetLife, Inc. common stock.
- [F4]The restricted stock units vest in equal installments on the first business day in March following each of the first three anniversaries of the grant date.